As you process credit and debit card payments from your customers throughout the business day, they accumulate in a batch. In order for you to be paid, this batch must be closed and the contents transmitted to Clearent so we can process the transactions, submit them to the appropriate card brand, calculate fees and generate a deposit advice back to you via ACH.
Your payment software (terminal, virtual terminal, Point-of-Sale software, e-Commerce platform, etc.) may be setup to auto-batch, in which case you won’t need to do anything, or you might have to close the batch manually (for example, if you run a restaurant and you wait to close the batch each night until you’ve entered tips). Your salesperson or software provider can confirm your setup if you’re unsure, or you can contact Clearent.